| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 221 |
|
PRAVIN V.SHAH STOCK BROKING PVT.LTD.
(Member : BSE)
|
|
|
AIDED AND ABETTED KP ENTITIES IN CREATING ARTIFICIAL MARKET AND MANIPULATED PRICE IN SCRIP OF GLOBAL TELESYSTEM LTD.,ADANI EXPORTS LTD. AND HIMACHAL FUTURISTIC COMMUNICATIONS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-SEP-2007 TO 26-OCT-2007
06-SEP-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 06/09/2007 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 222 |
|
|
PRERAK CAPITAL SERVICES PVT.LTD.
(Member : ASE)
|
|
|
INDULGED IN CREATION ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF ADANI EXPORTS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-OCT-2008 TO 20-OCT-2008
25-SEP-2008
|
|
| 223 |
|
|
PRO FIN CAPITAL SERVICES LTD.
(PAN:AAACP0251F)
(Member : NSE)
|
|
|
|
RAJESH SEHGAL
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF EIDER INFOTECH LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JAN-2009
|
|
| 224 |
|
|
PRUDENTIAL STOCK & SECURITIES LTD.
(Member : NSE)
|
|
|
SURRENDERED MEMBERSHIP CARD TO EXCHANGE
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DISCHARGING DUTIES IN MATTER OF HITECHI JEWELLERY INDUSTRIES LTD.
AIDED AND ABETTED MARKET MANIPULATIONS IN SCRIP OF HITECHI JEWELLERY INDUSTRIES LTD.
|
DIRECTED VIOLATIONS TO BE TAKEN ON RECORD FOR REVIEWING REGISTRATION APPLICATION
03-AUG-2002
|
|
| 225 |
|
|
PURSHOTTAM LAL KEJRIWAL,M/S
(Member : CSE)
|
|
|
|
PURSHOTTAM LAL KEJRIWAL
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF BANKAM INVESTMENT LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
17-AUG-2009
|
|
| 226 |
|
|
PUSHPALAXMI CREDIT & CAPITAL PVT.LTD.
(CIN:U65929PN1999PTC014272)
(Member : PSE)
|
|
|
DID NOT OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
DID NOT EXERCISE DUE CARE & DILIGENCE WHILE EXECUTING SUBSTANTIAL TRANSACTIONS IN HOME TRADE LTD.
DID NOT MAINTAIN CLIENT DATABASE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-SEP-2006 TO 03-OCT-2006
24-AUG-2006
|
|
| 227 |
|
|
R K GLOBAL SHARES & SECURITIES LTD.
(PAN:AAACR5786P)
(Member : NSE)
|
|
|
INDULGED IN PRICE MANIPULATION BY CIRCULAR AND STRUCTURED TRANSACTIONS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-JAN-2009 TO 02-FEB-2009
12-DEC-2008
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 12/12/2008 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 228 |
|
|
R.S.INVESTMENT & FINANCIAL SERVICES
(Member : NSE)
|
|
|
|
RAJESH CHUNILAL MEGHANI
|
|
IRREGULARITIES IN BUYING, SELLING AND DEALING IN SCRIP OF AMARA RAJA BATTERIES LTD.
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF AMARA RAJA BATTERIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-AUG-2003 TO 18-FEB-2004
29-JUL-2003
|
|
| 229 |
|
|
RAJCHANDRA CAPITAL SERVICES PVT.LTD.
(PAN:AAACR5526M)
(Member : BSE)
|
|
|
|
L.R.SHAH
|
|
|
N.M.LAPASIA
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF DATABASE FINANCE LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
13-JAN-2009
|
|
| 230 |
|
|
RAJENDRA PRASAD SHAH,M/S
(PAN:AKUPS5078C)
(Member : CSE)
|
|
|
|
RAJENDRA PRASAD SHAH
PAN:AKUPS5078C
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF MINOLTA FINANCE LTD
INDULGED IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF MINOLTA FINANCE LTD.
|
IMPOSED PENALTY RS.4,00,000
09-JUL-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 231 |
|
|
RAJRATHAN FINANCIAL SERVICES PVT.LTD.
(Member : UPSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
DEFICIENCIES IN CLIENT DATABASE
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
UNDERTOOK PRINCIPAL TO PRINCIPAL TRADE
DID NOT MAINTAIN CLIENT DATABASE
DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
IMPOSED PENALTY RS.4,00,000
10-JUN-2009
|
|
| 232 |
|
|
RAMABEN SAMANI FINANCE PVT.LTD.
(Member : BSE)
|
|
|
AIDED AND ABETTED CLIENTS IN CREATING FALSE AND MISLEADING APPEARANCE OF TRADING IN SCRIP OF RASHEL AGROTECH LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.10,00,000
25-MAY-2006
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE
|
| 233 |
|
|
RAMABEN SAMANI FINANCE PVT.LTD.
(Member : BSE)
|
|
|
|
SUDHA B.VITHLANI
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
DEFAULTED IN MAINTENANCE OF ORDER CONFIRMATION SLIP
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT EXERCISE DUE SKILL AND CARE WHILE DEALING WITH CLIENTS IN SCRIP OF GUJARAT FISCON LTD.
DEALT WITH UN-REGISTERED SUB-BROKERS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-JUL-2007 TO 11-AUG-2007
22-JUN-2007
|
|
| 234 |
|
|
RAMABEN SAMANI FINANCE PVT.LTD.
(Member : BSE)
|
|
|
|
SUDHA B.VITHLANI
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE
CREATED ARTIFICIAL MARKETS IN SCRIP OF AKL SOFT & INFOSYS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 13-JUL-2007 TO 27-JUL-2007
22-JUN-2007
|
|
| 235 |
|
|
RAMANLAL D.SHAH,M/S
(Member : BSE)
|
|
|
|
RAMANLAL D.SHAH
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF MALVICA ENGINEERING LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-JAN-2007 TO 16-JUL-2007
27-DEC-2006
SETTLEMENT ( SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
07-DEC-2007~
|
SAT: ORDER SET ASIDE AS APPLICANT PAID RS.5,00,000 AS PER CONSENT ORDER
|
| 236 |
|
|
RAMRAKH R.BOHRA,M/S
(Member : BSE)
|
|
|
|
RAMRAKH R.BOHRA
|
|
AIDED AND ABETTED CLIENTS IN CREATING FALSE AND MISLEADING APPEARANCE OF TRADING IN SCRIP OF RASHEL AGROTECH LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.10,00,000
25-MAY-2006
|
|
| 237 |
|
|
RAMRAKH R.BOHRA,M/S
(Member : BSE)
|
|
|
|
RAMRAKH R.BOHRA
|
|
AIDED AND ABETTED VINOD KHETAN AND ASK HOLDINGS PVT.LTD. IN CREATING FALSE MARKET IN SCRIP OF AKL SOFT & INFOSYS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 13-SEP-2007 TO 12-OCT-2007
23-AUG-2007
|
SAT: IMPUGNED ORDER DATED 23/08/2007 SET ASIDE AND CASE REMANDED TO WHOLE TIME MEMBER TO PASS A FRESH ORDER AFTER AFFORDING A OPPORTUNITY TO APPELLANT TO CROSS EXAMINE PERSONS ON WHOSE STATEMENTS RELIANCE HAS BEEN PLACED IN SHOW CAUSE NOTICE WITH NO ORDER AS TO COSTS
|
| 238 |
|
|
RAVINDRA KHAJANCHI,M/S
(Member : MPSE)
|
|
|
|
RAVINDRA KHAJANCHI
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF EONOUR TECHNOLOGIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF EONOUR TECHNOLOGIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-NOV-2003 TO 17-MAY-2004
29-OCT-2003
|
|
| 239 |
|
|
RELIGARE SECURITIES LTD.
(PAN:AAACF1952D)
(Depository Participants : CDSL/NSDL,Member : NSE/BSE)
|
|
|
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
DID NOT MAINTAIN RECORDS OF INVESTORS’ COMPLAINTS
DID NOT CONDUCT INTERNAL AUDIT OF BRANCH OPERATIONS AS PER SEBI CIRCULAR NO MIRSD/DPS-III/CIR-9/07 DATED 03/07/2007
CONDUCTED DEPOSITORY OPERATIONS WITHOUT NCFM QUALIFIED PERSONNEL AT BRANCHES
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN COLLECTION OF INTRODUCERS DETAILS
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN HANDLING AND PROCESSING MODIFICATION REQUESTS
DID NOT EXERCISE DUE DILIGENCE AND CARE IN PROCESSING VARIOUS FORMS AND REQUESTS SUBMITTED AT BRANCH LEVEL
|
IMPOSED PENALTY RS.2,00,000
10-NOV-2010
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 240 |
|
|
ROSY BLUE SECURITIES PVT.LTD.
(PAN:AAACR4082Q)
(Member : NSE)
|
|
|
|
BIMAL PAREKH
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS ON BEHALF OF CLIENTS IN SCRIP OF DCM SHRIRAM CONSOLIDATED LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-NOV-2008 TO 25-NOV-2008
21-OCT-2008
SETTLEMENT ( SETTLEMENT CHARGES RS.10,00,000 VIDE CONSENT ORDER)
15-JUN-2009~
|
SAT: IMPUGNED ORDER DATED 21/10/2008 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.10,00,000 AS PER CONSENT ORDER. ORDER STANDS MODIFIED ACCORDINGLY. NO ORDER AS TO COSTS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 12 of 16
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